Latest Update: Personal Care Packaging Market Industry Status And Detailed Analysis 2020 (US$ 31 Bn)| Amcor Plc., RPC Group PLC, AptarGroup Inc., Cosmopak Ltd., Rieke Packaging Systems Ltd., Albea S.A., DS Smith PLC

The “Personal Care Packaging Market” report 2020 is a comprehensive, professional and in-depth research of keyword that delivers significant data for those who are seeking information for the Personal Care Packaging industry. The keyword market report delivers the product specification, key strategies, future prospect and cost structure of the industry. The report also highlighted the future trends in the Personal Care Packaging market that will impact the demand during the forecast period.

The personal care packaging market was valued at USD 24.49 billion in 2019 and is expected to reach a value of USD 31.9 billion by 2025, at a CAGR of 4.78% during the forecast period of (2020-2025). Trends show that the brand owners are focusing on environment-friendly products and packaging consumers based on the demand by using more natural ingredients and recycled packaging.

Market Overview-

- Increasing consumption in the cosmetic product with growing disposable income and frequent demand for personal care products is expected to drive the global personal care packaging market.
- Innovation in the packaging is creating exciting opportunities within the packaging industry like lotion pumps or aerosol sprays as it aims to save time and offer convenience to busy consumers, mostly younger generation people.
- Due to stringent government regulations and testing procedures, the cost of the products stimulates to increase. This could restrain the growth of the personal care packaging market over the years.

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The prominent players in the global Personal Care Packaging market are:

Amcor Plc., RPC Group PLC, AptarGroup Inc., Cosmopak Ltd., Rieke Packaging Systems Ltd., Albea S.A., DS Smith PLC, Gerresheimer AG, Raepak Ltd

Scope of the Report

Personal care packaging plays an important role in product marketing as it adds to the visual appeal and displays relevant information regarding the product. The report studies the primary materials like plastic, paper, etc and packaging is done for various products such as cosmetics, shampoos,etc, where rigid plastics is dominating the market due to its cheap price, non-corrosive and light weight properties.

Skin Care to Boost the Rapid Market Growth

- Skincare packaging products such as jars, bottles, and tubes are propelling cosmetics sales. Skincare packaging help customers understand the product, its contents, and difference from competitor products.
- The personal care market is led by skin care, due to an increase in demand for anti-acne products, body moisturizers & lotions, and anti-aging products. Skin products and other styling products provide UV protection, which is increasing consciousness about anti-aging products further.
- Further, technological encroachments such as airless skincare packaging and 3-D printing technology are driving the global skincare packaging sales. Advanced and most trending printing technologies such as hot-stamp foil printing and flexo-offset printing are enabling manufacturers to offer innovative and eye-catching skincare packaging for their cosmetic brands, which in overall is growing the market of personal care packaging market.

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North America to Account for a Significant Market Share

- North America is growing in the market due to the aging population, pollution and new product innovations. Due to increasing disposable income and concern for a healthier lifestyle, consumers have become more demanding than ever before.
- In the United States, high-income levels, along with political and economic stability are driving the demand for packaging solutions in the country. The higher disposable income and penetration of technology are expected to drive the demand for personal care packaging products in the country.
- Due to shifting brand loyalties and innovative technologies, manufacturers have also started to differentiate their products and expand their offerings to enhance the consumer experience, by which there will be high penetration of growth for personal care packaging market.

Industry Updates-

- March 2019 - Gerresheimer expanding its production sites in Belgium and Germany. The firm will be presenting its latest glass creations for the international cosmetics market at Beautyworld Middle East in Dubai on the Persian Gulf. The glass innovation is on the basis of colors, shapes, and effects properties.
- February 2019 - The European Commission has approved the merger under the EU Merger Regulation for Aptar and Bemis merger, with the approval conditional on the divestment of Bemis medical packaging business in Europe. This would cover three plants in the UK and Ireland and Amcor will retain its European healthcare packaging business as well as develop its foothold in high-end markets.

Personal Care Packaging Market Report Highlights
The report provides a detailed analysis on current and future market trends to identify the investment opportunities
Market forecasts till 2026, using estimated market values as the base numbers
Key market trends across the business segments, Regions and Countries
Key developments and strategies observed in the market
Market Dynamics such as Drivers, Restraints, Opportunities and other trends
In-depth company profiles of key players and upcoming prominent players
Growth prospects among the emerging nations through 2026
Market opportunities and recommendations for new investments
Reasons to Purchase this Report

-Identify the current and future prospects of the global Personal Care Packaging market in the developed and emerging markets

-Analyse various perspectives of the market with the help of Porter’s five forces analysis

-Information about the growth of the various material, type, and application that are expected to dominate the market

-Regional and country analysis of the market

-Identify the latest developments, market shares, and strategies employed by the major market players

-3 months analyst support, along with the Market Estimate sheet (in Excel)

In conclusion, Personal Care Packaging market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Personal Care Packaging Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.

The research includes historic data from 2015 to 2020, and forecast to 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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